£340,461
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £330,000 | 8 Dec 2023 |
| £299,950 | 25 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for REDCAR AND CLEVELAND to estimate the market value.
When this house was purchased in December 2023 the House Price Index for REDCAR AND CLEVELAND was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £330,000 results in an estimated price of approximately £340,461.
| 8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £330,000 | £10,461 | £340,461 |
The Postcode Pricing Model uses changes in average sales price within the TS6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 21.570 % | £71,182 | £401,182 |
| 3 Month Average | -13.136 % | £-43,349 | £286,650 |
| 6 Month Average | 0.704 % | £2,322 | £332,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £340,462 | £330,000 | 11 WEST WOOD DRIVE |
| 28 Apr 2023 | £46,877 | £46,000 | 74 LAMBTON STREET |
| 31 Mar 2023 | £94,071 | £92,500 | 42 CLEVELAND STREET |
| 2 Feb 2023 | £90,605 | £90,000 | 43C CLEVELAND STREET |
| 19 Jan 2023 | £95,255 | £95,000 | 38 CLEVELAND STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 22 Nov 2013. Using an estimated price of £340,462 means this house is valued at £2,431 per sq meter (£225 per sq foot).
The average size of a house on WEST WOOD DRIVE is 143 sq meters (1,547 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Street |
| Oct 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Cleveland Street |